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Gold
December 23rd, 2025 - 09:37 GMT
Al Bawaba Staff

Al Bawaba Staff

Gold prices hit record high due to US-Venezuela tensions

ALBAWABA - Gold prices reached a record high of $4,426.66 per ounce on Tuesday, amid heightened geopolitical and financial tensions, including the US's attempts to seize Venezuelan oil tankers. The BBC reported that the price of the metal increased after news that the US central bank will cut interest rates in 2026. Additionally, silver prices also jumped after hitting an all-time high of $69.44 yesterday. Gold prices hit record high ...
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A scheduled Kuwait Airways flight landed in Iraq late on Wednesday for the first time since the 1990 Iraqi invasion, in the latest sign of improved ties between the neighbors.
November 24th, 2013 - 09:24 GMT

Talk about a flight delay: Kuwait airways flight lands in Iraq for first time since 1990

KSA will focus its infrastructure spending over the next twenty years on electricity and water facilities' upgrades (Courtesy of Arabian Business)
November 24th, 2013 - 09:22 GMT

KSA announces $187 billion infrastructure plans

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

Almost all resident in the UAE use a mobile phone and 85 percent of the population uses high-speed internet on a regular basis (Shutterstock)
November 24th, 2013 - 07:10 GMT

UAE rises to record ranking for ICT development

Economic airlines in the Middle East have witnessed an overall absorptive capacity increase from 11.5 to 13.5 million in just one year (Shutterstock)
November 24th, 2013 - 06:49 GMT

Flying on the cheap: Middle East economy airlines take-off as the travel market of the future

The United Arab Emirates capital slapped a five per cent cap on annual rent hikes in January 2008 after surging demand drove rents higher and inflation with them.
November 24th, 2013 - 05:44 GMT

One might as well move to Dubai now, Abu Dhabi scraps rent increase cap

A successful bid by Dubai for Expo 2020 will have a positive impact on the stock market, real estate and foreign direct investments
November 24th, 2013 - 03:55 GMT

Three days to go! 97% believe Dubai will win Expo 2020 bid

Hydrogen cars are appealing because unlike electric vehicles, they have the range of a typical gasoline car and can be refueled quickly.
November 21st, 2013 - 02:28 GMT

Coming soon: Hydrogen cars!

 
Iranian companies have won bids in Iraq to carry out $803 million worth of technical and engineering projects, such as building dams, bridges, residential complexes, power plants, and medical centers, he explained.
November 21st, 2013 - 02:18 GMT

Trade buddies: Iran's exports to Iran estimated at billions of dollars in the last six months

The UAE, Qatar and Saudi Arabia retained the top three positions as having the most attractive tax rates in the world.
November 21st, 2013 - 02:06 GMT

UAE, Qatar, and Saudi Arabia recognized for 'most attractive tax rates in the world'

Refugees gather in Jordan's Zaatari refugee camp (File Archive/AFP)
November 21st, 2013 - 09:00 GMT

Jordan government to add more jobs to health, education sectors due to Syrian refugee influx

UAE Minister of Economy Sultan bin Saeed Al Mansouri warned participants at this week's World Economic Forum that political instability in the Middle East could undermine the global economy and prosperity worldwide (Courtesy of Arabian Business)
November 21st, 2013 - 08:38 GMT

It's always about politics: UAE Minister warns that Middle East instability threatens economies worldwide

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